Tokyo Commodity Exchange (TOCOM) rubber futures prices on Tuesday (April 1) in early to rise, due to lower crude oil prices offset weakness in the yen and the Japanese stock market decline in the pressure, in addition, China March official PMI rebounded slightly raise Vibration of gum market sentiment.
TOCOM rubber futures contract prices in September rose 1.8 yen Tuesday, at 235.0 yen / kg (0058GMT), but it was down 0.3 yen Monday.
China’s official data showed China March official PMI index rebounded slightly, but it still can not eliminate the market for the world’s second largest economy, China’s economy in the first quarter of slow growth worries.
China National Bureau of Statistics (NationalBureauofStatistics) data released on Tuesday showed that China March official PMI index rose to 50.3, the former value of 50.2.
The end of the Bank of Japan (BOJ) released survey shows that a quarter of Japan’s business confidence index rose for the fifth consecutive quarter, but the pace of recovery is slow, and the decrease in the atmosphere to buy, because the Japanese government raised the consumption tax rate will be in April, leading to the market Business growth concerns increased.
Federal Reserve (FED) Main 席耶伦 Monday as a strong defense of the Fed’s easing, said the U.S. economy still needs “some time” unconventional support.
Asian city early Tuesday, the Japanese yen against the U.S. dollar compared to last night, hit a three-week high of decline at 103.21 yen, the Federal Reserve (FED) Main 席耶伦 Monday as a strong defense of the Fed’s easing policy, suggesting it will continue easing monetary policy.
The Nikkei 225 index fell 0.3 percent on Tuesday, as the yen offset the impact of lower Yellen speech brought.
U.S. crude oil futures slipped to $ 101 on Tuesday / barrel below eased due to the situation in Ukraine, in addition, investors await China’s official PMI data to determine the world’s second largest importer of China’s crude oil demand conditions.
As of April 1 am Beijing time 10:37, Tokyo Rubber reported 233.9 yen / kg, up 0.30 percent.
Translated by Google Translator from http://market.cria.org.cn/4/20011.html
